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HotForex -

Suspicious Clone

Score

1.36 /10

Danger

HotForex

Item: HotForex
Rating: 1.36

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

MT4/5 White Label

Global Business

Suspicious Overrun

High potential risk

Influence

Better than 55.3% brokers

Open Account

Website

Score

License Index0.00

Business Index5.82

Risk Management Index0.00

Software Index4.00

Regulatory Index0.00

Influence

Better than 55.3% brokers

Website

Open Account

Licenses

FCA Suspicious Clone

STP

DFSA Suspicious Clone

Retail Forex License

FSA Suspicious Clone

Retail Forex License

FSCA Suspicious Clone

Financial Service Corporate

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

Open for free

Contact number

English

+44 2030978571

Broker Information

Company Name

HF Markets (SV) Ltd

Company Abbreviation

HotForex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

https://www.gohfm.com/sv/en/

Twitter

https://www.twitter.com/hotforex_broker

Facebook

https://www.facebook.com/hotforex

YouTube

https://www.youtube.com/hotforexbroker

https://www.linkedin.com/company/hotforex/

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 6

Previous Detection : 2022-10-03

It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

The United KingdomFCA regulatory (license number: 801701) claimed by this broker is a suspicious clone, please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

Exposure

2 pieces of exposure in total

Pyramid scheme complaint

Expose

Others

Scam

My balance totalled $3243 but it blocked my account and deducted my profits without any reason. It was a scam.

FX1305625852

2021-09-17 15:20

Scam

FX name HotForex took my $1000

Unfortuantely I am going to have to add HotForex to this thread, They have taken nearly $1000 of my money back as part of a bonus removal despite there being more than enough equity in the account. Live CHat have asked me to provide copies of chat and deposits so either they are stalling for time or there might be a mistake. So far not looking good.

Rey

2021-09-10 16:38

Type	System	Symbol	Updated	Download
MT4	Windows	MT4	2022-03-11
MT5	Windows	MT5	2022-03-11